Before President Biden took office, Catherine McDermott-Coffin, 76, was resigned to spending the rest of her life repaying $148,966 in federal student loans.
The clinical psychologist had worked with incarcerated women at a state prison for more than a decade while paying down her graduate school loans work that should have qualified her for a popular loan forgiveness program for public servants. But like so many other borrowers, McDermott-Coffin later learned she was in the wrong repayment plan for the debt program, derailing her chance of relief.
But everything changed in 2021. The Biden administration temporarily waived requirements for the notoriously complicated Public Service Loan Forgiveness program, giving hundreds of thous…
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